Bigger Picture: Continued Edtech Growth in Coming Decade

MARKET.US

The K-12 edtech spend market size is expected to be worth around USD 132.4 Bn by 2032 from USD 18.5 Bn in 2023, growing at a compound annual growth rate (CAGR) of 25.2% during the forecast period from 2023 to 2032, according to research firm Market.us.

K-12 education technology spend refers to the expenditure on technology products, services, and solutions specifically designed for the K-12 education sector. This includes hardware devices, software applications, learning management systems, online educational resources, and other digital tools that enhance teaching and learning experiences in schools.

The K-12 education technology spend market has witnessed substantial growth in recent years. According to market research, the market size is projected to reach billions of dollars by the end of the forecast period. The driving factors behind this growth include the increasing adoption of digital learning, the need for personalized and interactive educational experiences, and the growing emphasis on STEM (Science, Technology, Engineering, and Mathematics) education. Learn more.

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